A hit or miss affair

Hemsley, A

A hit or miss affair - 2002 - Building 267(8257) 1 November 2002, 50(1) .

Argues that if PFI contracts are not well targeted they may fail, even though they may contain incentives and penalties to ensure good performance on services. Special purpose vehicles (SPV) are the companies set up to run the projects, and they must be carefully structured to ensure accurate measurement of performance.


PFI
SPECIAL PURPOSE VEHICLE
PERFORMANCE MEASUREMENT